Singapore Population Hits Record High of 6 Million

By By Gurdip Singh, Singapore
Sep 25, 2024 05:57
Singapore's population has crossed the 6 million mark for the first time, driven by an increase in foreign workers. The city-state aims to keep its total population below 6.9 million by 2030.
Singapore, Sep 25 (PTI) Singapore's population has reached a record high of 6.04 million, rising two per cent from last year, as the manpower-constrained city-state took in more foreign workers, according to an official report.

The figure was released on Tuesday by the Prime Minister's Office (PMO) in the annual Population in Brief report by the National Population and Talent Division.

The population figure has crossed the six million mark for the first time in Singapore's history.

Of the 6.04 million people in the city-state as of June 2024, there were 4.18 million residents and about 1.86 million non-residents, which comprise the foreign workforce, migrant domestic workers, dependants and international students.

According to the report, the non-resident population jumped by about 5 per cent from last year.

The increase was seen across most ‘work pass' types, with work permit holders contributing most to the rise (44 per cent of the non-resident population), followed by migrant domestic workers (15 per cent of the non-resident population).

“The (non-resident) population is diverse, and its size and composition fluctuate depending on our economic and social needs,” Channel News Asia reported, citing the report.

“As Singapore is fundamentally labour constrained, the foreign workforce complements our local workforce and allows companies to access a broader range of skills from the global labour pool,” said the report.

It also reiterated that Singapore's total population is likely to be "significantly" below 6.9 million by 2030, referring to a figure included in a Population White Paper released in 2013.

The NPTD of the Prime Minister's Office had said in the white paper that the city-state's total population could range between 6.5-6.9 million by 2030. This sparked a public outcry, after which the government clarified the figure was not a forecast or target but for planning purposes.
Source: PTI
Read More On:
singapore populationpopulation growthforeign workersmanpowercity-state
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Farm-to-Fork Price Gap: Govt to Set Up Committee

India's Agriculture Minister announces committee to address the vast price difference...

Rabi Crop Output Target: India Aims for Record...

India aims for record foodgrain production in the 2024-25 rabi season despite...

HDFC Bank to Sell Shares in HDB Financial...

HDFC Bank approves the sale of Rs 12,500 crore worth of shares in its subsidiary HDB...

Dalmia Bharat Q2 Profit Down 60.2% to Rs 49 cr

Dalmia Bharat's net profit declined by 60.16% to Rs 49 crore in Q2 FY25 due to falling...

Punjab & Sind Bank Q2 Profit Surges 26% to Rs...

Punjab & Sind Bank's net profit jumped 26% to Rs 240 crore in Q2 FY25, driven by a...

uBreathe Raises Rs 24 Cr for Air Purifier Growth

Biotech startup uBreathe aims to raise Rs 24 crore to expand its air purifier product...

Vedanta to Invest Rs 1 Lakh Cr in Rajasthan:...

Vedanta plans to invest over Rs 1 lakh crore in Rajasthan across zinc, oil & gas, and...

UCO Bank to Raise Rs 2,000 Cr via QIP in Q3 |...

UCO Bank plans to raise Rs 2,000 crore through a qualified institutional placement...

UCO Bank Profit Jumps 50% to Rs 603 Cr in Q2

UCO Bank reported a 50% surge in net profit to Rs 603 crore in Q2 FY25, driven by...

UCO Bank Q2 Net Profit Jumps 50% to Rs 603 Crore

UCO Bank's net profit surged by 50% to Rs 603 crore in the second quarter, driven by...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2024 Rediff.com